struggling with symptoms. let s start here in the uk, where the new chancellorjeremy hunt has ditched almost all of prime minister liz truss tax cuts announced in the government s mini budget three weeks ago. the financial markets reacted positively to the news, with the pound rising against the us dollar and uk gilts falling. in total £32 billion of the £45 billion in tax cuts have been shelved, these include. the planned 1p cut in the basic rate of income tax is now on hold indefinitely, with the rate remaining at 20%. the cap on energy prices charged to households is now only guaranteed until april next year. for a typical household, it means an annual bill will not rise above £2,500 for the next six months. but plans to cancel the 1.25% increase in national insurance contributions will still go ahead, along with a reduction in stamp duty, and the cap on bankers bonuses will still be scrapped. joining me now is chris southworth, who s the secretary general of the uk i
torrential rain brings major flooding. and the flying scotsman the first steam engine to hit 100 miles an hour celebrates a century on the tracks. good morning and welcome to bbc news. the chancellor kwasi kwarteng has cut short his visit to the us to hold urgent talks with the prime minister, as pressure mounts on the government over its mini budget. the chancellor had been in washington for a meeting of global finance ministers. he d originally been expected to return back to london on saturday. speaking to the bbc yesterday before the change of plans, mr kwarteng said he believes 100% that he will still be a chancellor and liz truss will still be prime minister in a month s time. later today, the chancellor and prime minister are expected to hold talks with conservative mps. some think the government s tax cutting plans should be reversed, while others believe the help with energy bills should be more targeted. there s even talk of whether both the chancellor and
the leaders of china s ruling communist party gather for a summit in which ruler xijinping is expected to secure a historic third term in office. communities in three australian states are ordered to evacuate as torrential rain brings major flooding. and the flying scotsman the first steam engine to hit 100 miles an hour celebrates a century on the tracks. hello and welcome if you re watching in the uk or around the world. britain s chancellor, kwasi kwarteng, has cut short his visit to the us, to hold urgent talks with the prime minister, as pressure mounts on the government over its mini budget. mr kwarteng had been in washington for a meeting of global finance ministers. he d originally been expected to return back to london on saturday. speaking to the bbc yesterday before the change of plans, mr kwarteng said he believes 100% that he will still be a chancellor and liz truss will still be prime minister in a month s time. later today, the chancellor and prime
And theresa mays aides. And the daily mail describes the leaked labour manifesto as the most left wing in decades. Right, lets start. Martin, would you set us up . Jeremy corbyn, the Ma Nifesto You set us up . Jeremy corbyn, the manifesto seems to have been exclusively in several papers, which i know its a bit strange. Lets start with the daily mirror headline, which says it pretty well. It does. It leads into a peek inside spread as well, detailing this lea ked spread as well, detailing this leaked draft, setting out a very extensive range of policies which the mirror builds very favourably, the mirror builds very favourably, the other papers we will come to our obviously much less favourable. This says he will fix rip off britain, boost nhs schools and scrap tuition fees. Talking about how power and the railways will be renationalised and other policies including abolishing tuition fees. There is an extensive list and inside they say that labour have pledged to undo the damage of sev
But its bad news for donald trump his new attempt to impose a travel ban has again been rejected by the courts. A former Team Sky Cyclist tells the bbc he broke the rules on taking supplements, but it was covered up. And what happened when a bbc team faced the volcanic fury of mount etna in sicily. On bbc london a man dies at a Construction Site Manchester United have though i only place in the quarterfinals of the europa league. Find out if they get past ross dolph at old trafford. Ross dolph. Good evening. Theresa may has signalled that she would refuse permission for a referendum on Scottish Independence before the uk leaves the European Union. The Prime Minister said the current focus needed to be on securing the best brexit deal for all of the the uk. Scotlands First Minister, Nicola Sturgeon, said it was democratically unacceptable to block scotlands right to choose and that history might look back on today as the day the fate of the union was sealed. Our Political Editor Laura K